2min chapter

The Gray Area with Sean Illing cover image

Tyler Cowen on the painful end of American complacency

The Gray Area with Sean Illing

CHAPTER

Is More Information Making You More Productive?

Paul Waldman: More information is not how people make better decisions. He says you hardly ever make mistakes buying things compared to a few decades ago. That used to be maybe half of the sector was music buying mistakes, he says. "Because there's something at stake, some other purchase, you have an incentive to get it right"

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